Planning Your Business
Planning is critical to starting and building a business. We've provided a link to an assessment, and information on the local organizations that can help you get ready—from developing a business plan to developing a business network.
SBDC
In the earliest stage of business development you should be focused on refining a concept, exploring the market potential, researching competitors and vendors, and evaluating your personal situation.
Some questions to ask include:
- Is now the right time for this business?
- Am I in a position to risk personal assets to get a business started?
- Do I have the time to invest in growing this business?
- Do I have the resources (cash, collateral, credit, etc) that a lender would require?
- What’s the worst that could happen? Can I live with that?
- While no business starts with all the questions answered, getting what you DO know on paper helps to reduce the risks associated with what you DON’T know.
Look for "Jump-Start Your Small Business" workshop to help with early-stage planning issues and resources ( http://business.clemson.edu/centers/sbdc/sbdc_calendar.php).
Link to Business's Page:
